Saksman's research deals with several mathematical problem areas that involve probabilistic questions in various setups. These include probabilistic methods in mathematical physics, analysis and ...

In the event of dry weather and high winds, power system-ignited incidents are more likely to develop into wildfires. The risk is greater if vegetation is nearby. A new study provides the methodology ...

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Continuous probabilistic techniques involving simulation can help managers predict the likelihood of time and cost overruns in all types and sizes of oil and gas projects. By deriving time and cost ...

“What kind of investment do we make in technology to create flexibility?” Nuts and Bolts: Taking its cue from the Nobel-prize-winning Black-Scholes model for valuing options, ROV aims to put a ...